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Barton Gold Holdings Limited (ASX:BGD)

ALERT: Price-sensitive ASX Announcement for BGD
Current share price for BGD : $0.750 -0.38 (-33.63%)+
Announcement
Release
31 Oct 2025 8:56AM
Price at Release
$1.130
Full Release
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Summary
Barton Gold Holdings Limited has made significant progress in their projects during the quarter, including the exercise of options, settlement of bad debts, and preliminary financing discussions for CGM and Tunkillia. They have appointed Grant Thornton as their auditor and completed a $15 million placement to North American institutions. Additionally, they launched a $2.5 million Share Purchase Plan. Barton Gold has joined the S&P Global ASX 'All Ordinaries' Index and has commenced a Definitive Feasibility Study for the Central Gawler Mill. Continued exploration and drilling efforts are being made to upgrade mineral resources at their projects.
Key Points
  • Barton Gold Holdings announced a total of 1,725,792 unlisted options exercised, with ordinary shares issued.
  • The company settled a bad debt of $92,216.08, recovering the full amount plus enforcement costs.
  • Discussions on project financing for CGM and Tunkillia are underway.
  • Grant Thornton appointed as the company's auditor.
  • Completion of a $15m placement to North American institutions led by Franklin Templeton.
  • Launch of a $2.5m Share Purchase Plan for eligible shareholders.
  • Barton Gold Holdings joined the S&P Global ASX 'All Ordinaries' Index.
  • Definitive Feasibility Study commenced for phased restart of production at CGM.
  • Ongoing drilling at Tunkillia and other projects to upgrade mineral resources.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.